Average Rent in 89123, Paradise, NV

Current Versus Historical 89123, Paradise, NV Rents

89123 rentals average $1,495 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $133 (-6.72%) year-over-year from $1,983 to $1,850. 1-bedroom rentals prices have decreased by $83 (-5.60%) year-over-year from $1,483 to $1,400. 2-bedroom rentals prices have increased by $83 (5.14%) year-over-year from $1,612 to $1,695. 3-bedroom rentals prices have increased by $207 (10.39%) year-over-year from $1,988 to $2,195. 4-bedroom rentals prices have increased by $877 (34.74%) year-over-year from $2,523 to $3,400. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 1.14% this month. 2-bedroom rents have gone up by 1.90% this month. 3-bedroom rents have gone up by 6.30% this month. 4-bedroom rents have gone up by 14.93% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.90	$1,400	$1,483 (-5.60%)	$1,375 (1.78%)
2 BR	$1.46	$1,695	$1,612 (5.14%)	$1,382 (22.68%)
3 BR	$1.44	$2,195	$1,988 (10.39%)	$1,713 (28.11%)
4+ BR	$1.30	$3,400	$2,523 (34.74%)	$2,333 (45.71%)

Historical Rents in 89123, Paradise, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 89123

There are a total of 9 cities nearby 89123. The average rent in 89123 is currently $2,250 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,595, is the most affordable city nearby. In contrast, the most expensive city near 89123, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $3,080 per month.

Let's compare 89123, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 13.04% more expensive. Two bedrooms in 89123, Paradise, NV are on par with the other cities nearby. Finally, rent for three bedrooms are about 4.55% more expensive. Want more information? Check out the top 9 cities near 89123, Paradise, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,073	$1,225	$1,595
Paradise, NV	$2,025	$1,695	$1,600	$2,000
North Las Vegas, NV	N/A	$900	$1,350	$2,100
Spring Valley, NV	N/A	$1,300	$1,500	$2,145
Las Vegas, NV	$1,150	$1,175	$1,695	$2,250
Enterprise, NV	N/A	$1,545	$1,725	$2,300
Henderson, NV	$1,643	$1,600	$1,882	$2,395
Winchester, NV	N/A	$2,200	$3,125	$2,995
Summerlin South, NV	N/A	N/A	$2,600	$3,080

Top Neighborhoods Near 89123

There are a total of 10 neighborhoods in or near 89123. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 10 neighborhoods in or near 89123, Paradise, NV in the following chart.

The average rent for these 10 neighborhoods in or near 89123, Paradise, NV is currently around $2,325 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,325. Interestingly, the neighborhoods' average rent is higher than 89123's average rent, which is only $2,100. Out of all the neighborhoods in or near 89123, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $2,900 average rent per month, The Strip is the most expensive neighborhood in or near 89123. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$1,095	$1,575	$2,400	$1,800
Silverado Ranch, Paradise, NV	N/A	$1,510	$1,799	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$1,950	$2,250
Winchester, NV	N/A	$2,100	$2,750	$2,250
Green Valley South, Henderson, NV	N/A	N/A	$1,750	$2,300
Green Valley North, Henderson, NV	N/A	N/A	$1,750	$2,350
Rhodes Ranch, Spring Valley, NV	N/A	$1,390	$1,650	$2,375
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,525
Mira Villas, Las Vegas, NV	N/A	N/A	$1,873	$2,650
The Strip, Paradise, NV	$2,200	$1,948	$3,500	$2,900

Top Counties Near 89123

There are a total of 10 counties located by 89123, Paradise, NV. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,250. Vice versa, with an average rent of $2,250, Clark, NV is the most expensive county by 89123, Paradise, NV.

Typically, rent for studios in 89123, Paradise, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89123, Paradise, NV is 10.57% more expensive than other counties nearby. Finally, rent for two bedrooms in 89123, Paradise, NV is 2.65% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Clark, NV	$1,458	$1,337	$1,650	$2,250

Top Zipcodes Near 89123

There are a total of 37 zipcodes in or near 89123, Paradise, NV. The average rent for all of these zipcodes is $2,195. A total of 15 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,308 per month. In comparison, the zipcode with the most expensive average rent of $3,425 per month is 89012, Henderson, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89123, Paradise, NV is $904 per month. Or in other words, $0 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,725 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 89123, Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89052, Henderson, NV	N/A	$1,700	$2,000	$2,500
89117, Las Vegas, NV	N/A	N/A	$1,585	$2,750
89148, Clark County, NV	N/A	N/A	$1,650	$2,300
89128, Las Vegas, NV	N/A	$1,195	$1,548	$2,150
89113, Spring Valley, NV	N/A	$1,350	$1,600	$2,198
89178, Enterprise, NV	N/A	N/A	$1,725	$2,250
89139, Enterprise, NV	N/A	N/A	$2,500	$2,450
89011, Henderson, NV	$1,800	$1,680	$2,100	$2,300
89044, Clark County, NV	N/A	N/A	$2,125	$2,395
89129, Clark County, NV	N/A	$1,325	$1,800	$2,100

Frequently Asked Questions - 89123 Average Rents

What is the average rent price in 89123, Paradise, NV?

The average monthly rental price for 89123, Paradise, NV apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 89123, Paradise, NV rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 89123, Paradise, NV.

How much is a studio apartment in 89123, Paradise, NV?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 89123.

How much is a one bedroom apartment in 89123, Paradise, NV?

The average monthly rental price for one bedroom apartments is $1,495 and an average price per square feet of $1.90. There are a total of 9 one bedroom apartment listings currently available for rent in 89123.

How much is a two bedroom apartment in 89123, Paradise, NV?

The average monthly rental price for two bedroom apartments is $1,695 and an average price per square feet of $1.46. There are a total of 51 two bedroom apartment listings currently available for rent in 89123.

How have rent prices in 89123, Paradise, NV changed this year?

Rent prices for rentals in 89123, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in 89123, Paradise, NV?

A reasonable rent price in 89123, Paradise, NV is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.